The greenback is ripping. AUD is rolling over. CNY stalled. This is not good for gold. Or the silly AI metals rush. Which is feeding RIO. EM is also a DXY downplay. Junk is cracking lower. Which is odd given yields. Bubble paused. There’s no obvious reason for the sudden volatility, except that there is
The post Australian dollar hit hard by greenback hammer appeared first on MacroBusiness.
Top Hamas official announces end to Gaza warThe organization has received “guarantees” from the US that the hostilities will not continue, Khalil al-Hayya has said
The Gaza war is over, a senior Hamas official, Khalil al-Hayya, has said, adding that the peace plan put forth by US President Donald Trump would mark the start of a “permanent ceasefire.”
Hungarian Foreign Minister Peter Szijjarto on Wednesday accused Polish Prime Minister Donald Tusk of “defending terrorists,” over comments about the sabotage of the Nord Stream gas pipelines.
Tusk had claimed the day before in a post on X that “the problem with North Stream 2 is not that it was blown up. The problem is that it was built.”
US President Donald Trump is pressuring the Norwegian government and the Nobel Committee in an unprecedented push for the Nobel Peace Prize, the Financial Times reported on Wednesday. Experts reportedly remain skeptical that the campaign will succeed, however.
The 2025 federal election campaign saw both sides admit that they wanted to see Australian home prices rise at a ‘sustainable rate’ from already record-high levels. Both Labor and the Coalition offered ‘affordability’ policies that were really aimed at pumping homebuyer demand and increasing prices. It was a theme that has been repeated throughout this
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Vids
The post Macro Afternoon: 9 October 2025 appeared first on MacroBusiness.
Statistics New Zealand’s latest migration data showed that only 13,066 net overseas migrants landed in the country in the year to July 2025. This inflow was well below the decade average of 49,000 and more than 120,000 lower than the late 2023 peak. The following chart from Justin Fabo from Antipodean Macro shows that the
The post NZ rents fall amid migration slump appeared first on MacroBusiness.
I have just returned from a rock-n-roll thunder tour of the world that took in Tokyo, London, Amsterdam, Paris, and Rome. I have not visited any of these cities in forty years, so the changes were amazing. First, what had not changed. Everybody smokes, everywhere, thank god. Tokyo has barely changed as an experience, except
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